According to the prices announced in the global steel markets, scrap prices amounted to $368/ tonne, $1 up compared to last week’s prices. and iron ore prices $102/ tonne, $10 up compared to last week’s prices.
While the prices of billets ranged between 455 – 585 Dollars per tonne, while it was between 455 – 585 dollars per tonne last week, and rebar prices ranged between 560 –600 dollars/tonne, while it was between 560 –590 dollars per tonne last week.
The following is the steel prices statement in the global markets on 28 September 2024